DTC: Page 39
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Nordstrom vet tapped for Honest CFO seat
The finance leadership change comes as the consumer products company struggles with growth and profitability.
By Alexei Alexis • Sept. 7, 2023 -
Figs partners with digital health technology company to launch stethoscope
The DTC brand known for its scrubs teamed up with Eko Health to release the digital stethoscope, which will be available on Figs’ website and app.
By Howard Ruben • Sept. 6, 2023 -
Trendline
How the purpose of stores is evolving
Stores have always evolved in order to compete as times, technology and tastes change. And, most of all, to please customers.
By Retail Dive staff -
Birchbox restarts fulfillment under new ownership
The beauty subscription company raised membership prices and started shipping monthly boxes to existing customers.
By Dani James • Sept. 6, 2023 -
Reese Witherspoon sells majority stake in Draper James
Private equity firm Consortium Brand Partners now holds a 70% stake, while the actor and brand founder remains a partner and board member.
By Dani James • Sept. 6, 2023 -
Athletics brand On increased use of recycled polyester in 2022
While the use of recycled materials across products has improved the company’s impact, On said it’s behind on its Scope 3 emissions goal.
By Dani James • Sept. 5, 2023 -
Retrieved from Wolverine Worldwide on September 01, 2023
Wolverine World Wide sells US leathers business to New Balance
The company also announced a deal to sell Hush Puppies intellectual property in China, Hong Kong and Macau.
By Lara Ewen • Sept. 5, 2023 -
Fjällräven opens first store in Palo Alto
The California location adds to the Swedish outdoor apparel brand’s growing footprint, which now spans 42 brand stores across the U.S. and Canada.
By Howard Ruben • Sept. 5, 2023 -
Amazon brand incubator Benitago files for bankruptcy
The company has faced a reversal in the rapid growth it saw early in the pandemic as consumer trends shifted in the years since.
By Dani James • Sept. 1, 2023 -
Lululemon increases store opening plans as sales climb 18%
While many in the industry have warned of challenges, the athletics retailer continued to outperform, recording double-digit profit growth.
By Cara Salpini • Sept. 1, 2023 -
Gen Z personal care brand Clean Age launches at Walmart
The company won the “Golden Ticket” from the mass merchant’s pitch competition for startups and will land in 1,800 Walmart stores as a result.
By Howard Ruben • Sept. 1, 2023 -
Adore Me teams up with French sustainability startup on capsule
The collection will be released next year in partnership with Ever Dye, a dye tech startup that aims to reduce carbon emissions.
By Laurel Deppen • Sept. 1, 2023 -
Chewy sales up 14% in Q2, beating expectations
However, executives noted consumer shifts that signal shoppers may be seeking out more value in light of economic uncertainty.
By Caroline Jansen • Aug. 31, 2023 -
Brilliant Earth to open 3 luxury mall showrooms
The direct-to-consumer jewelry brand’s new locations offer select products available for same-day purchases and one-on-one appointments.
By Dani James • Aug. 31, 2023 -
Podcast
The Backroom: A look back on the first half of 2023 for DTC brands
The team talks about the latest financial results from various players as the holidays quickly approach.
By Retail Dive Staff • Aug. 31, 2023 -
Vera Bradley Q2 sales decline, full-year outlook narrows
The company — which operates its namesake brand and Pura Vida — lowered the top end of its fiscal 2024 revenue expectations.
By Dani James • Aug. 30, 2023 -
Caraway launches prep set, cutting boards
The new products will be available on the DTC cookware brand’s website as well as at select retailers for the holidays.
By Howard Ruben • Aug. 30, 2023 -
Vuori set a goal to open 100 stores by 2026. Here’s a look at the DTC brand’s progress.
The DTC activewear brand has steadily added to its footprint two years after announcing plans to drastically expand its brick-and-mortar presence.
By Caroline Jansen • Aug. 29, 2023 -
Authentic Brands Group lands partnership for Hunter Boots in China, Southeast Asia
Under the deal, Baozun Inc. acquired a 51% equity interest in the heritage boot brand’s intellectual property across the regions.
By Laurel Deppen • Aug. 29, 2023 -
E.l.f. Beauty to acquire Naturium for $355M
The skin care brand was launched in 2019 by accelerator The Center and is expected to double E.l.f. Beauty’s presence in the category.
By Dani James • Aug. 29, 2023 -
Natura & Co considers selling The Body Shop
The Brazilian cosmetics conglomerate acquired the beauty brand in 2017 and is now exploring strategic alternatives amid declining performance.
By Dani James • Aug. 28, 2023 -
Jennifer Aniston’s Lolavie continues retail expansion with Credo Beauty launch
The hair care brand entered Ulta Beauty in May as the company works to expand its reach.
By Howard Ruben • Aug. 28, 2023 -
Madison Reed enters Walmart
The hair color and salon company is focused on growth across all distribution channels, CEO Amy Errett told Retail Dive.
By Dani James • Aug. 28, 2023 -
Deodorant brand Curie lands in 4,300 Walmart stores
The mass merchant will carry several of the DTC brand’s products in stores nationwide as well as on its website.
By Howard Ruben • Aug. 25, 2023 -
Column
The Weekly Closeout: Petco swings to a loss and Ace Hardware plans 170 stores this year
The pet retailer reported its 19th consecutive quarter of comp growth, while the hardware cooperative has already opened 100 of its planned stores.
By Retail Dive Staff • Aug. 25, 2023 -
Patrick Schwarzenegger and Maria Shriver’s Mosh raises $3M for retail expansion
Schwarzenegger — a former investor in trendy CPG products — and his mom bring a unique profile to promote a protein bar focused on brain health.
By Elizabeth Flood • Aug. 25, 2023